The Securities Act of 1933 Is a Federal Statute That

question 37

True/False

The Securities Act of 1933 is a federal statute that primarily regulates the issue of securities by companies and other businesses.

---

Definitions:

Financial Statements

Official records that detail the financial activities and condition of a business, government, or other entity.

Interest Revenue

Income earned by an entity from its investments that pay interest, such as bonds, savings accounts, or loans extended to others.

Receivable

An amount of money owed to a company by its customers or clients for goods or services provided on credit.